GraniteShares 2x Long CRWD Daily ETF (NASDAQ:CRWL) Shares Down 0.7% – Here’s What Happened

GraniteShares 2x Long CRWD Daily ETF (NASDAQ:CRWL) traded down 0.7% on Thursday . The stock traded as low as $24.57 and last traded at $24.77. 159,299 shares changed hands during mid-day trading, a decline of 46% from the average session volume of 295,302 shares. The stock had previously closed at $24.94.

GraniteShares 2x Long CRWD Daily ETF Trading Down 0.7%

The stock has a 50-day simple moving average of $24.91 and a 200 day simple moving average of $31.93.

Institutional Investors Weigh In On GraniteShares 2x Long CRWD Daily ETF

Institutional investors and hedge funds have recently made changes to their positions in the business. SBI Securities Co. Ltd. grew its stake in GraniteShares 2x Long CRWD Daily ETF by 427.4% in the 2nd quarter. SBI Securities Co. Ltd. now owns 1,134 shares of the company’s stock valued at $48,000 after acquiring an additional 919 shares during the last quarter. Group One Trading LLC acquired a new position in GraniteShares 2x Long CRWD Daily ETF during the second quarter worth about $85,000. Jane Street Group LLC lifted its holdings in shares of GraniteShares 2x Long CRWD Daily ETF by 42.9% in the first quarter. Jane Street Group LLC now owns 13,041 shares of the company’s stock valued at $294,000 after purchasing an additional 3,917 shares in the last quarter. Finally, Simplex Trading LLC acquired a new stake in shares of GraniteShares 2x Long CRWD Daily ETF in the second quarter valued at approximately $279,000.

GraniteShares 2x Long CRWD Daily ETF Company Profile

The GraniteShares 2x Long CRWD Daily ETF (CRWL) is an exchange-traded fund that mostly invests in information technology equity. The fund provides 2x leveraged exposure, less fees and expenses, to the daily price movement for shares of CrowdStrike Holdings Inc (ticker: CRWD) stock. CRWL was launched on Nov 11, 2024 and is issued by GraniteShares.